Quarterly Calculations. (i) Not more than three (3) Business Days prior to each Quarterly Payment Date, the Borrower shall provide to the Administrative Agent a calculation of the Debt Service Reserve Required Amount, certified by a Financial Officer of the Borrower.
(ii) Not more than three (3) Business Days prior to each Quarterly Payment Date, the Borrower shall calculate the Historical Debt Service Coverage Ratio and the Prospective Debt Service Coverage Ratio, and shall provide written evidence to the Accounts Bank of such calculations certified by a Financial Officer of the Borrower. Each such calculation shall be subject to review by the Administrative Agent.
Quarterly Calculations. Each Party’s share of Operating Profit (Loss) will be determined on a calendar quarterly basis, using a weighted average based on forecasted Actual Sales for the Licensed Product in the Profit Share Territory for the then current calendar year and actual Operating Profit (Loss) for the completed calendar quarter.
Quarterly Calculations. As soon as available, and in any event ----------------------- within sixty (60) days after the end of each fiscal quarter of the Borrower, (i) a certificate of an Authorized Officer of the Borrower in substantially the form of Exhibit E hereto (A) stating to the best of such officer's knowledge, no ---------- Default has occurred and is continuing, or if a Default has occurred and is - continuing, a statement as to the nature thereof and the action that is proposed - to be taken with respect thereto, and (B) showing in reasonable detail the most recent calculations demonstrating compliance with Article XII and (ii) if ------------ applicable, the notice required under the definition of "Eurodollar Rate Margin";
Quarterly Calculations. Within 30 calendar days after the end of each Calendar Quarter, Citigroup shall calculate, in each case in accordance with this Section 6: (a) the Adjusted Baseline Value of each Covered Asset as of the end of such Calendar Quarter; (b) the aggregate Losses incurred by the Citigroup Ring-Fence Entities in respect of each Covered Asset in such Calendar Quarter;
Quarterly Calculations. (i) Not more than three (3) Business Days prior to each Quarterly Payment Date, the Borrowers shall provide to the Administrative Agent a calculation of the Debt Service Reserve Requirement, certified by a Financial Officer of the Borrowers' Agent.
(ii) Not more than three (3) Business Days prior to each Quarterly Payment Date on which there are funds standing to the credit of the Prepayment Holding Account, the Borrowers shall calculate the Historical Debt Service Coverage Ratio and the Prospective Debt Service Coverage Ratio, and shall provide written evidence to the Accounts Bank of such calculations certified by a Financial Officer of the Borrowers' Agent. Each such calculation shall be subject to review by the Administrative Agent.
Quarterly Calculations. (i) Not more than three (3) Business Days prior to each Quarterly Payment Date, beginning with the first Quarterly Payment Date on or after the Date Certain, the Borrower shall provide to the Lender a calculation of the Debt Service Reserve Required Amount, certified by a Financial Officer of the Borrower.
(ii) Not more than three (3) Business Days prior to each Quarterly Payment Date, beginning with the first Quarterly Payment Date on or after the Date Certain, the Borrower shall calculate the Historical Debt Service Coverage Ratio and the Prospective Debt Service Coverage Ratio and shall provide written evidence, to the Lender, of such calculations certified by a Financial Officer of the Borrower. Each such calculation shall be subject to review by the Lender.
Quarterly Calculations. IHS shall, within forty-five (45) days after the end of each calendar quarter beginning with the first quarter in which IHS has Royalty Revenues, compute royalties due to Partners for the calendar quarter most recently ended and shall furnish to Partners a royalty statement based on Licensee's Royalty Revenues for such quarter and shall pay to Partners with that statement all royalties due after adjustment for sales commissions to third parties, sales allowances, bad debts, rebates and returns.
Quarterly Calculations. Within 30 calendar days after the end of each Calendar Quarter, Citigroup shall calculate, in each case in accordance with this Section 6: (a) the Adjusted Baseline Value of each Covered Asset as of the end of such Calendar Quarter; (b) the aggregate Losses incurred by the Citigroup Ring-Fence Entities in respect of each Covered Asset in such Calendar Quarter; (c) the aggregate Recoveries received by the Citigroup Ring-Fence Entities in respect of each Covered Asset in such Calendar Quarter; (d) the aggregate Gains recognized by the Citigroup Ring-Fence Entities in respect of each Covered Asset in such Calendar Quarter; and (e) the Citigroup Quarterly Net Loss and the Covered Loss (if any) incurred by the Citigroup Ring-Fence Entities in such Calendar Quarter.
Quarterly Calculations. (i) Not more than three (3) Business Days prior to each Quarterly Payment Date, the Borrower shall calculate the Historical Debt Service Coverage Ratio and the Prospective Debt Service Coverage Ratio, and shall provide written evidence to the Bond Trustee of such calculations certified by a Financial Officer of the Borrower.
Quarterly Calculations. The Debt Coverage Ratios shall be calculated each quarter using a trailing twelve (12) month rolling average using the NOI, CF, or CFO, as applicable, for the immediately preceding twelve (12) month period. Borrower shall prepay a portion of the Loans sufficient to achieve such of the required Debt Coverage Ratios as are not in compliance within thirty days following notification from Bank if any such quarterly calculation shall result in a Debt Coverage Ratio less than the minimums set forth above. Bank may refuse any draw request made by Borrower if the result of the making of the advance requested would be that the calculation of any of the required Debt Coverage Ratios, using an Annual Debt Service amount computed on the total principal which would be outstanding after the advance of the draw requested, would result in Borrower's failure to maintain any of the required Debt Coverage Ratios. Borrower shall be allowed to borrow additional funds at such time as Borrower can demonstrate that it has sufficient net taxable income for the preceding four calendar quarters to provide the required coverage for all Debt Coverage Ratios not in compliance.
